Sany, Union Bank collaborate to provide financial support to its customer
ECONOMY & POLICY

Sany, Union Bank collaborate to provide financial support to its customer

Sany India, a leading manufacturer of construction equipment, is pleased to announce the signing of an MoU with Union Bank of India. Through this strategic partnership Sany India aims to provide substantial growth and development opportunities across the country along with enhanced financial support to its customers, while facilitating easier access to Sany India?s advanced product line along with readily available financial solutions.

The MoU was signed in the presence of Naveen Jain, Zonal Head , Pune of Union Bank of India, and Sanjay Saxena, COO of Sany India, accompanied by senior officers from both organisations. This collaboration between Sany India and Union Bank of India is strategically designed to leverage the strengths of both entities, providing range of customized financial services tailored to meet the needs of the customers. This collaboration is designed to streamline the financing process, making it more efficient and customer-friendly, thereby empowering businesses across various sectors.

Saxena stated, ?We are happy to join hands with Union Bank of India, a leading institution of economic well-being within its operational areas. This MoU is a testament to our commitment to delivering exceptional financial services alongside our cutting-edge products, empowering customers across India.?

Highlighting the significant reliance on Union Bank of India for equipment financing, Saxena added, ?The MSME schemes offered by Union Bank of India are beneficial to all profiles of construction equipment customers. This partnership highlights the bank?s strong commitment to funding construction equipment. With Union Bank of India as our preferred financier, customers can conveniently access financing solutions for our earthmoving and construction equipment without the need to explore alternative options.?

Jain commented, ?We are pleased to enter this strategic partnership with Sany India and continuously strive to provide beneficial opportunities for our customers. With construction and infrastructure activities thriving across the country, the demand for earth-moving and construction equipment is on the rise. Through our construction equipment finance schemes, prospective buyers of Sany equipment can easily avail themselves of financing tailored to meet their financial requirements.?

This partnership marks a milestone in the financial and construction sectors, promising a collaborative relationship that will benefit customers, foster industry growth, and support national development goals.

Sany India, a leading manufacturer of construction equipment, is pleased to announce the signing of an MoU with Union Bank of India. Through this strategic partnership Sany India aims to provide substantial growth and development opportunities across the country along with enhanced financial support to its customers, while facilitating easier access to Sany India?s advanced product line along with readily available financial solutions. The MoU was signed in the presence of Naveen Jain, Zonal Head , Pune of Union Bank of India, and Sanjay Saxena, COO of Sany India, accompanied by senior officers from both organisations. This collaboration between Sany India and Union Bank of India is strategically designed to leverage the strengths of both entities, providing range of customized financial services tailored to meet the needs of the customers. This collaboration is designed to streamline the financing process, making it more efficient and customer-friendly, thereby empowering businesses across various sectors. Saxena stated, ?We are happy to join hands with Union Bank of India, a leading institution of economic well-being within its operational areas. This MoU is a testament to our commitment to delivering exceptional financial services alongside our cutting-edge products, empowering customers across India.? Highlighting the significant reliance on Union Bank of India for equipment financing, Saxena added, ?The MSME schemes offered by Union Bank of India are beneficial to all profiles of construction equipment customers. This partnership highlights the bank?s strong commitment to funding construction equipment. With Union Bank of India as our preferred financier, customers can conveniently access financing solutions for our earthmoving and construction equipment without the need to explore alternative options.? Jain commented, ?We are pleased to enter this strategic partnership with Sany India and continuously strive to provide beneficial opportunities for our customers. With construction and infrastructure activities thriving across the country, the demand for earth-moving and construction equipment is on the rise. Through our construction equipment finance schemes, prospective buyers of Sany equipment can easily avail themselves of financing tailored to meet their financial requirements.? This partnership marks a milestone in the financial and construction sectors, promising a collaborative relationship that will benefit customers, foster industry growth, and support national development goals.

Next Story
Infrastructure Urban

Madurai Corporation Proposes Rs 1,400 Million Plan to Save Vaigai River

In a renewed effort to tackle pollution, the Madurai Corporation has submitted Rs 1,400 million proposal to the state government to upgrade the city’s drainage network and prevent untreated sewage from entering the Vaigai River. The proposal follows growing public concern over the river’s deteriorating condition despite previous mitigation efforts. The Vaigai flows for nearly 12 km within Madurai city limits, with sections obstructed by invasive plants, garbage, and untreated sewage. While multiple inlets contribute to contamination, the Panthalkudi canal in Goripalayam has been identifi..

Next Story
Infrastructure Transport

PM Modi Inaugurates Mumbai Metro 3 Final Phase, 33.5 km Aqua Line

Prime Minister Narendra Modi inaugurated the final phase of Mumbai’s first fully underground Metro 3, making the 33.5 km Aqua Line operational. The line connects Aarey in North Mumbai to Colaba in South Mumbai, aiming to ease congestion on suburban trains and roads. The final stretch, spanning 11.2 km from Acharya Atre Chowk in Worli to Cuffe Parade, provides connectivity to six major business centres, including Nariman Point, Cuffe Parade, Fort, Lower Parel, BKC, and SEEPZ/MIDC. According to Mumbai Metro Rail Corporation (MMRC), the stretch also links areas such as Kalbadevi, Girgaum, Worl..

Next Story
Building Material

M.E. Energy Wins Rs 490 Million Ferro Alloys EPC Order

M.E. Energy Pvt Ltd, a wholly owned subsidiary of Kilburn Engineering Ltd and a leading Indian engineering company specialising in energy recovery and cost reduction solutions, has secured its second consecutive major order valued at Rs 490 million in the ferro alloys sector. The order is for an Engineering Procurement and Construction (EPC) contract to develop a 12 MW Waste Heat Recovery Based Power Plant (WHRPP). This repeat order underscores the growing trust of the ferro alloys industry in M.E. Energy’s expertise in delivering reliable, efficient, and sustainable energy solutions tailor..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?